As automakers work to bring the benefits of electrification to more and more vehicles, it's increasingly likely that your next car might use hybrid or plug-in hybrid technology. There are already more electrified cars than ever these days. Maybe there's one that's right for you.

In fact, a large number of hybrids and plug-in vehicles are currently available at very reasonable price points. To that point, we've identified eight of our favorite hybrid and PHEV cars that you can snag today for under $40,000, and you can see them all -- and why we like these vehicles -- in the gallery above.